PDD Holdings Inc. (NASDAQ: PDD) closed the day trading at $61.93 down -1.76% from the previous closing price of $63.04. In other words, the price has decreased by -$1.11 from its previous closing price. On the day, 5325634 shares were traded. PDD stock price reached its highest trading level at $63.24 during the session, while it also had its lowest trading level at $60.89.
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For a better understanding of PDD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.14. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PDD now has a Market Capitalization of 89.40B and an Enterprise Value of 70.15B. As of this moment, PDD’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.93, and their Forward P/E ratio for the next fiscal year is 12.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.51 while its Price-to-Book (P/B) ratio in mrq is 4.72. Its current Enterprise Value per Revenue stands at 0.54 whereas that against EBITDA is 1.92.
Stock Price History:
Over the past 52 weeks, PDD has reached a high of $106.38, while it has fallen to a 52-week low of $36.29. The 50-Day Moving Average of the stock is 70.47, while the 200-Day Moving Average is calculated to be 73.64.
Over the past 3-months, PDD traded about 9.29M shares per day on average, while over the past 10 days, PDD traded about 8.54M shares per day. A total of 1.27B shares are outstanding, with a floating share count of 911.82M. Shares short for PDD as of Apr 27, 2023 were 29.08M with a Short Ratio of 29.08M, compared to 29.96M on Mar 30, 2023.
Current recommendations for the stock of the company come from 11 analysts. On average, analysts expect EPS of $0.54 for the current quarter, with a high estimate of $0.67 and a low estimate of $0.06, while EPS last year was $0.44. The consensus estimate for the next quarter is $0.92, with high estimates of $1.04 and low estimates of $0.7.
Analysts are recommending an EPS of between $5.4 and $3.34 for the fiscal current year, implying an average EPS of $3.97. EPS for the following year is $5.13, with 25 analysts recommending between $6.88 and $4.28.
13 analysts predict $4.56B in revenue for the current quarter. It ranges from a high estimate of $4.92B to a low estimate of $4.34B. As of the current estimate, PDD Holdings Inc.’s year-ago sales were $3.31B, an estimated increase of 38.00% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $5.61B, an increase of 28.40% less than the figure of $38.00% in the same quarter last year. There is a high estimate of $6.22B for the next quarter, whereas the lowest estimate is $5.07B.
A total of 40 analysts have provided revenue estimates for PDD’s current fiscal year. The highest revenue estimate was $26.91B, while the lowest revenue estimate was $21.64B, resulting in an average revenue estimate of $23.78B. In the same quarter a year ago, actual revenue was $18.63B, up 27.70% from the average estimate. Based on 38 analysts’ estimates, the company’s revenue will be $28.58B in the next fiscal year. The high estimate is $35.36B and the low estimate is $25.22B. The average revenue growth estimate for next year is up 20.20% from the average revenue estimate for this year.